InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,473.17
(
-0.25%
)
US TECH 100
19,287.60
(
-0.62%
)
Dow Jones
39,134.76
(
0.77%
)
Brent Oil
85.01
(
0.37%
)
Bitcoin
64,849.74
(
-0.18%
)
Post# of 221920
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

WhiteNOC

Send PM Follow Ignore
Followers 0
Posts 2195
Boards Moderated 0
Alias Born 08/23/2000

WhiteNOC

Re: SevenTenEleven post# 25883

Tuesday, 05/22/2012 2:25:15 PM

Tuesday, May 22, 2012 2:25:15 PM

Post# of 221920
More Insiders Dump FaceBook NASDAQ:FB


2 of America's smartest market players, Warrenn Buffett has said he will not buy FaceBook, and Lloyd Blankfein of GS who is happy to sell FaceBook.

Goldman Sachs Group Inc. (NYSE:GS) will sell 28.7 million of the 65.9 million shares they own, more than twice the amount planned.

The shares are being offered in a range of $34 to $38 apiece, meaning the stock being sold in this week’s IPO is valued between $975 million and $1.09 billion. It seems that price is very attractive to insiders as they palm off large chunks of their holdings to unsuspecting retail investors.
Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up